David D And Mary F Grumhaus Fund
- Assets
- $989.0k
- Revenue
- $262.2k
- Investments
- $894.5k
- Employees
- 0
- Location
- Lake Forest, IL
- Founding
- 06/1983
- Data as of
- 12/2023
- EIN
- 36-3225807
Organization Overview
David D And Mary F Grumhaus Fund is located in Lake Forest, IL. The organization was established in 1983. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. David D And Mary F Grumhaus Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, David D And Mary F Grumhaus Fund generated $262.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 27.4% each year . All expenses for the organization totaled $159.7k during the year ending 12/2023. While expenses have increased by 2.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, David D And Mary F Grumhaus Fund has awarded 812 individual grants totaling $1,302,035. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Grumhaus Treasurer | 0 | $0 | |
Mary Grumhaus President | 0 | $0 | |
Audrey G Young Secretary | 0 | $0 | |
Whitney Grumhaus Director | 0 | $0 | |
Lisa G Hass Director | 0 | $0 | |
David D Grumhaus Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $72,635 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $189,613 |
| Capital Gain Net Income | $189,613 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $262,248 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,356 |
| Total operating and administrative expenses | $24,456 |
| Contributions, gifts, grants paid | $135,200 |
| Total expenses and disbursements | $159,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,516 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $989,015 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, David D And Mary F Grumhaus Fund has awarded $135,200 in support to 79 organizations.
| Grant Recipient | Amount |
|---|---|
BERNIES BOOK BANK PURPOSE: CHARITABLE PURPOSES | $1,000 |
CHURCH OF THE HOLY SPIRIT PURPOSE: CHARITABLE PURPOSES | $3,000 |
BIG SHOULDERS PURPOSE: CHARITABLE PURPOSES | $4,000 |
COVE SCHOOL PURPOSE: CHARITABLE PURPOSES | $200 |
DANA FARBER CANCER INST PURPOSE: CHARITABLE PURPOSES | $2,000 |
DANIEL MURPHY SCHOLARSHIP FUND PURPOSE: CHARITABLE PURPOSES | $15,000 |